Bitcoin / Dollar intraday: as long as 113400 is support look for 116410
Our pivot point is at 113400.
Our preference:
As long as 113400 is support look for 116410.
Alternative scenario:
The downside breakout of 113400 would call for 112250 and 111570.
Comment:
The RSI is above 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 114116 and 112901).
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